Indian exporter concluded deal of Fe 55/54 iron ore fines to China

In falling spot iron ore market in China, an Indian exporter managed to close a deal of around 40,000 metric tons of iron ore fines at around $110/t CFR China.

Not many deals have been concluded recently on falling iron ore prices in Chinese markets.

Indian Fe 63.5/63 is hovering around $146/t CFR China, although buying interests are very thin.

Indian exporters are offering Mill scale at around $135-137/t CFR China (in bulk).


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